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Ryland files automatic shelf registration
By Devika Patel
Knoxville, Tenn., Feb. 6 - Ryland Group Inc. and its subsidiaries jointly filed an automatic shelf registration in an S-3-ASR filing with the Securities and Exchange Commission.
The registration covers debt securities, common stock, preferred stock, depositary shares, stock purchase units, stock purchase contracts, warrants and guarantees of debt securities.
The securities may be structured as convertibles.
Proceeds will be used for general corporate purposes.
Calabasas, Calif.-based Ryland is a homebuilder and mortgage finance company.
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